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MPs raise concerns over Asda’s link to app offering high-interest loans to staff

Retailer’s owner has stake in Wagestream, which offers workers loans of up to £25,000

Paramount Skydance reportedly preparing takeover bid for Warner Bros Discovery

Media conglomerate putting together majority cash offer for WBD backed by ultra-rich Ellison family, reports say

UK must heed Sir John Bell’s big pharma investment warning

Instead of making silly statements the government needs to look at why Merck has scrapped its £1bn research centre

US economic picture weakens as jobless claims and inflation both rise – as it happened

Economists say trade war is driving up prices, as US inflation picks up in August

‘Cold decisions’: will heir to Murdoch’s empire keep newspapers at its heart?

Eldest son Lachlan must decide future of business that spans Fox News, Wall Street Journal, Sun and Times

US inflation rises in August as firms pass Trump tariffs cost on to consumers

New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest rates

Green energy entrepreneur calls on UK to subsidise North Sea oil and gas firms

Dale Vince urges ministers to ‘optimise’ resources in fossil fuel basin to help smooth transition to renewables

A banya with a billionaire, an undeclared loan and ‘pure poison’: the many scandals of Peter Mandelson

Despite his value to Starmer, the New Labour veteran has been forced into an extraordinary third resignation

Big pharma will stop investing in UK, top scientist warns after Merck’s £1bn exit

Comments by former professor of medicine at Oxford follow scrapping of planned London research centre

Sotheby’s losses more than double to $248m as art market slumps

Sotheby’s also takes hit from hefty severance costs, despite its headcount only dropping by 24 employees

Let France be a warning, Rachel Reeves: stand up to the bond market vigilantes, or they’ll come for Britain next

Labour can stick with ‘you can’t buck the markets’ – or challenge the economic orthodoxy that has served narrow class interests for 50 years, says Guardian columnist Larry Elliott

Trump blames ‘radical left’ for Charlie Kirk shooting, but does not mention attacks on Democrats as search for suspect continues – as it happened

In Oval Office address, Trump vows retribution, but neglects to mention murder of Melissa Hortman, attack on Paul Pelosi and threats to Mike Pence

Losses at John Lewis and Waitrose owner almost triple to £88m

Partnership blames restructuring costs plus tax rises and new packaging rules but expects full-year profit to grow

Pre-budget howls from big business beasts go deeper than the usual tax grumbles

Top executives say ministers don’t ‘get’ business, they aren’t listening and key decisions are fluffed or take too long

Larry Ellison briefly overtakes Elon Musk as world’s richest person

Oracle co-founder’s shares rose by 40% in early trading, briefly valuing his fortune at $393bn, just ahead of Musk’s $384bn

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  • Qantas may hike fares and expand Jetstar add-on fees as profits dip to four-year low
  • Top of the crops: record heatwaves help deliver bumper UK berry harvest
  • No more UK energy bills support likely before price cap rise
  • Plug-in balcony solar panels to go on sale in UK for first time
  • ‘Work is good for you’: how UK scheme could help tackle youth mental health crisis
  • The London stock market dodged a bullet with Shein
  • What will we get out of the AI boom? The data suggests lots of noisy, energy-hungry datacentres and not much else
  • Pubs, bars and hotels report ‘Burnham bounce’ in optimism but call for further tax relief
  • Meta reaches $16.7bn settlement with US states over social media harms to children – as it happened
  • Bill Gates calls for ‘human-reserved’ jobs in face of AI takeover
  • Wiped out: US faces surging toilet paper prices amid trade war with Canada
  • London rollout of robotaxis delayed amid lack of guidance for firms to follow
  • Fears grow for fourth rate hike after Australia sees higher-than-expected July inflation
  • Labour’s energy bills crisis is getting worse. Political honesty is essential
  • Britons face highest price cap in three years as energy bills rise 4% from October
  • Wednesday briefing: How Canada has turned a trade dispute into a defence of its sovereignty
  • Woolworths posts $1.14bn profit in cost-of-living crisis – but CEO says it’s not thanks to rising shelf prices
  • National lottery faces questions over new boss’s record in gambling industry
  • ‘A mockery’: how offshore tax havens are thwarting the UK’s transparency push
  • Trump endorsement helps boost Darline Graham in South Carolina primary to replace her late brother in US Senate – as it happened
  • Gavin Newsom puts Spanish-style California mansion up for sale for $7.5m
  • Burnham mulls insolvency law shake-up to help bring utilities under public control
  • ‘They make life much easier’: AI-powered shopping trolleys go on trial in Lancashire
  • Canada announces retaliatory tariffs on wide range of US goods
  • VW workers boo boss as he urges them to ‘pull together’ amid job cuts
  • New York business group sues Mamdani over city-owned grocery stores plan
  • Gold hits highest level in three months as traders worry about US inflation and bond market jitters – as it happened
  • Lego sales jump 21% to nearly £5bn, helped by World Cup and F1 ranges
  • Meta goes on trial as Silicon Valley faces a growing backlash
  • ‘The day I disclose, my career is over’: the journalist facing an $800 daily fine to keep her sources secret

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